Alecta, the SEK800 billion ($100 billion) Swedish occupational pension fund, has allocated $100 million to the NN-FMO Emerging Markets Loan fund.
The fund is managed by a partnership between NN Investment Partners, the Euronext Amsterdam-listed asset manager, and FMO, the Dutch development bank.
Alecta said the allocation “presents an attractive opportunity to finance sustainable development projects while generating stable returns to our beneficiaries”.
